Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Tuesday, February 19, 2013

Bill Would Extend Shareholder Registration Thresholds to SLHCs

Reps. Steve Womack (R-Ark.) and Jim Himes (D-Conn.) introduced a bill that would extend to savings and loan holding companies the JOBS Act’s provisions that raised the SEC’s shareholder registration and deregistration thresholds.

The JOBS Act, among other things, raised the shareholder threshold for SEC registration from 500 to 2,000 for banks and bank holding companies, and also raised the deregistration threshold from 300 to 1,200.

Unfortunately, the act did not explicitly extend the thresholds to savings and loan holding companies, even though it was not Congress’ intent to treat those institutions differently from banks and bank holding companies, the lawmakers explained. The legislation would correct that oversight.

Read more.

No comments:

Post a Comment

Please read our comment policy before making a comment.